71 Redmayne Drive

    71, REDMAYNE DRIVE, CHELMSFORD, CHELMSFORD, CM2 9XG

    This flat/maisonette leasehold property on Redmayne Drive last sold in July 2002 for £45,000. Based on price growth in the CM2 district since then, its estimated current value is £88,193 — placing it in the 2nd percentile nationally and the 0th percentile within CM2. The property covers 35 m² (377 sq ft), giving an estimated value of £2,520 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £45,000

    Jul 2002

    Estimated Valuation

    £88,193

    Est. £/sq ft

    £234/sq ft

    £2,520/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area377 sq ft (35 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    12 Jul 2002

    £45,000

    24 Jan 1999

    £27,000

    Key Metrics

    Estimated valuation£88,193
    Value per sq ft / m²£234/sq ft (£2,520/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile0th percentile
    National percentile2nd percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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